In an all-cash transaction deal, Deere & Company has signed a definitive agreement to acquire the Wirtgen Group, a worldwide leading manufacturer of road construction equipment. The total transaction value is approximately € 4.6 billion ($ 5.2 billion based on current exchange rates), including the assumption of net debt and other consideration.

Magna Tyres Group announced the appointment of Arjen Sibon as Sales Manager. In this position, he has taken on the responsibility for growing and improving key accounts in the European OTR tyre business.

Schmersal India Pvt Ltd, a subsidiary of the Schmersal Group, is celebrating 10 years of existence this year. The company was founded in 2007 as a sales organisation in order to participate in the growing Indian market for machine safety. In 2012, the cornerstone for a production factory was laid in Ranjangaon near Pune in Maharashtra.

With the construction, mining and infrastructure projects are growing faster, there is a growing demand for productive and efficient equipment in various projects. This will boost the demand for technologically superior lubricants to meet the industry needs.

The KION Group recently made news when its Indian forklift truck brand, Voltas, announced joining forces with the long-established Italian brand OM in India. In this context, Sunil Gupta, CEO and Managing Director, KION India, elaborates on the company's strategies and the way ahead.

Recently, the Supreme Court heard an application by the Indian Construction Equipment Manufacturers' Association (ICEMA) and the Tractor Manufacturers' Association (TMA) as they sought a clarification on the ban on the registration of BS-III vehicles after March 31, 2017.